According to Ray Dalio, internal disputes will be the "highlight of this year," especially in light of the question of whether all parties would accept the outcome of the US election.
During a video address at the Greenwich Economic Forum in Hong Kong on Wednesday, Dalio said that the policies of a Trump administration would vary significantly from those of a Democratic one. On anti-China measures, however, both parties are mostly in accord.
The globe would suffer greatly if there were economic penalties, according to Bridgewater Associates founder Ray Dalio. "Militant warfare is preceded by economic warfare."
Although a military confrontation over Taiwan is unlikely to break out anytime soon, Dalio said that the one-China policy “will not go on forever.”
International investors are now wondering whether they will be negatively impacted by measures done by their own government as a result of this.
According to Dalio, "US investors who make investments in China may face unfavorable treatment from their governments." "And there's concern that the Chinese might make it difficult."
According to Dalio, the declining stock markets in mainland China and Hong Kong early this year are a reflection of these worries. He said that Bridgewater has had great success working in China over the last five years and that Chinese assets are extremely competitively valued.
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